SoundThinking Balance Sheet Health
Financial Health criteria checks 4/6
SoundThinking has a total shareholder equity of $73.3M and total debt of $4.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are $141.7M and $68.4M respectively.
Key information
5.5%
Debt to equity ratio
US$4.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$15.49m |
| Equity | US$73.33m |
| Total liabilities | US$68.41m |
| Total assets | US$141.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 918's short term assets ($46.4M) do not cover its short term liabilities ($59.6M).
Long Term Liabilities: 918's short term assets ($46.4M) exceed its long term liabilities ($8.8M).
Debt to Equity History and Analysis
Debt Level: 918 has more cash than its total debt.
Reducing Debt: 918's debt to equity ratio has increased from 0% to 5.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 918 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 918 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.2% per year.